Newton Latondra 4

What Happened Newton Latondra, a director of PHINIA Inc. (PHIN), was granted 2,140 derivative units on May 22, 2026. The transaction is reported as an award/acquisition (code A) of 2,140 shares at $0.00 (no cash paid). This is a director compensation award (deferred restricted stock units), not an open-market purchase or sale.

Key Details

• Transaction date: 2026-05-22; filing date: 2026-05-27.
• Reported terms: 2,140 units @ $0.00 (derivative award). No immediate cash exchanged; value will depend on PHINIA’s future share price when settled.
• Shares owned after transaction: not specified in the provided filing.
• Footnote F1: Includes 3,367 deferred restricted stock units (DRSUs) that have vested and will settle upon the reporting person’s termination of board service.
• Footnote F2: The DRSUs were elected in lieu of an annual restricted-stock grant; each DRSU equals one share, will vest on May 22, 2027, and will settle into shares (including dividend-equivalent adjustments) upon termination of board service under the Director Deferred Compensation Program and the 2023 Stock Incentive Plan.
• Filing timeliness: the filing was made on 2026-05-27 for a 2026-05-22 transaction; the provided data does not indicate a late-filing flag.

Context This is a routine director compensation award of deferred restricted stock units (DRSUs). DRSUs are derivative awards representing the economic equivalent of common shares that vest or settle according to plan terms; they do not represent immediate share ownership or an open-market purchase/sale. Such awards are commonly part of non-employee director pay and should be interpreted as compensation rather than a direct bullish or bearish trade signal.